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Re: Jeanne1 post# 3693

Monday, 03/18/2013 11:09:00 PM

Monday, March 18, 2013 11:09:00 PM

Post# of 57577
Hi Jeanne. Shorting a stock is when you "borrow" shares to sell now, hoping that you can buy replacements to cover those that were loaned to you for a cost, later, and at a better price.

It is a risky move being that you can lose 100s of percent if the stock sky rockets and you are forced to cover those loans at a much higher cost per share.

X short volume is up from 20k shares on Friday to 120k shares today. That's not really a lot of shares being shorted on EDXC and for good reason.